All Forum Posts by: Matan Shvili

Thanks for the valuable information!!!

 What do you answer when they ask you why you approached them specifically? I already had a case that someone asked me why i approached her and not her neighbors. 

Hi Everyone,

I've developed my own lead system that generates me leads for Pre Foreclosure/Divorce/Probate.
Would like to hear from experienced people what is the best way to approach these people and how direct should i be with them regarding their situation.

Do i tell a person who is on pre-foreclosure that i am aware of his situation and that i can help him?

How do i approach probate cases?

Matan

Great Fix & Flip in Woodfield Subdivision!!
Amazing house in an amazing lot!!

House is in great shape, and needs a small rehab.

Purchase Price: $442,000
Rehab EST: $60,000
ARV: $635,000

Investment Info:

Single-family residence buy & hold investment in Fort Wayne.

Purchase price: $112,000
Cash invested: $50,000

We bought a package of 4 Single Families in the following addresses

440 Dalman Ave, Fort Wayne
3127 Winter St, Fort Wayne
1226 Swinney Ave, Fort Wayne
3013 Oliver St, Fort Wayne

What made you interested in investing in this type of deal?

Wanted to see how things work with managed properties.

How did you find this deal and how did you negotiate it?

Found it through a local Wholeseller.

How did you finance this deal?

Cash

How did you add value to the deal?

rehabbed the properties and increased their rent.

What was the outcome?

Rent has increased.

Lessons learned? Challenges?

In big rehabs, always hire a Project Manager to overlook the work of the contractor.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Real Estate Agents and a Property Manager